Hfl Sequoia Apartments is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hfl Sequoia Apartments is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A GENERAL PARTNER IN A LIMITED PARTNERSHIP THAT PROVIDES AFFORDABLE HOUSING TO INDIVIDUALS WITH NEEDS. BASED ON ITS OWNERSHIP INTEREST OF .005%. FOR THE YEAR 2021 IT RECEIVED THE FOLLOWING PASS-THROUGH ALLOCATIONS:RENTAL LOSSES $ (15)INTEREST INCOME -0-LOW INCOME HOUSING TAX CREDITS 25ADDITIONALLY, THE LIMITED PARTNERSHIP PAID ITS GENERAL PARTNER ANNUAL PARTNERSHIP MANAGEMENT FEES TOTALLING $18,548,OF WHICH $14,315 WAS DISTRIBUTED TO ITS RELATED MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Haramoto President | 0 | $0 | |
Erich Nakano Secretary | 0 | $0 | |
David P Bailey Treasurer | 0 | $0 | |
Paul Stansbury Board Member | 0 | $0 | |
Dennis Arguelles Board Member | 0 | $0 | |
Jessica Chang Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,101 |
| Total Revenue | $19,101 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,222 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $879 |
| Total expenses | $19,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,005 |
| Other assets | $0 |
| Total assets | $5,005 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,005 |